Three Basic Economic Questions What to produce? How to product it? ?? Use the table to answer the question. What is the third Basic Economics Question? (1 point) Responses How much to produce? How much to produce? For whom to produce? For whom to produce? Where to produce? Where to produce? What natural resources are used to produce?
1 answer
The third basic economic question is "For whom to produce?" This question addresses who will receive the goods and services produced in an economy. Therefore, the complete set of basic economic questions is:
